Trump says he’s open to TikTok sale to Elon Musk or Larry Ellison
President Donald Trump said on Tuesday that he’d consider the possibility of Tesla CEO Elon Musk or Oracle Chairman Larry Ellison purchasing TikTok. At a press briefing to announce a…
Microsoft loses status as OpenAI’s exclusive cloud provider
Microsoft, the biggest investor in OpenAI and its principal cloud partner, is losing its designation as exclusive provider of computing capacity for the artificial intelligence startup. In a blog post…
Stripe cuts 300 jobs in product, engineering and operations
Stripe cut 300 jobs, representing about 3.5% of its workforce, mostly in product, engineering and operations, CNBC has confirmed. The payments company, valued at about $70 billion in the private…
Oracle shares jump 6% on involvement in AI infrastructure initiative that Trump will announce
Oracle shares jumped 6% on Tuesday on reports that the software maker is involved in a joint venture with OpenAI and SoftBank to build artificial intelligence infrastructure in the U.S.…
Reddit shares rise 7%, hit record as Raymond James raises price target
Reddit shares rose over 7% to a record high Tuesday after Raymond James analysts raised their price target and reiterated their “strong buy” rating for the social media platform. The…
Nvidia passes Apple again to become world’s most valuable company
Nvidia passed Apple in market value on Tuesday, once again becoming the most valuable publicly-traded company in the world. Shares of the chipmaker rose over 1% on Tuesday, and shares…
Trump meme coin gives greenlight for crypto industry to return to days of new tokens and NFT bubble
President Trump’s return the White House is expected to usher in a golden, if chaotic, age of crypto in the U.S., according to Bernstein. Over the weekend Trump launched a…
Why U.S. tech companies struggle to replicate China’s WeChat ‘super app’ model
Think about the apps you use on your phone every day. Studies have shown Americans use an average of 46 mobile apps each month to complete a variety of everyday…
Bitcoin slips, Trump token plunges over 20% as bullish crypto sentiment cools
Bitcoin and other cryptocurrencies sank on Tuesday, as bullish investor sentiment surrounding cryptocurrencies cooled after President Donald Trump’s inauguration. TRUMP, a token launched last week that represents the new U.S.…
Tesla brand value shed $15 billion in 2024 with aging lineup, Musk at helm, researchers found
The value of Tesla’s brand fell by 26% in 2024, a second straight annual decline, with factors including an aging lineup of vehicles,andCEO Elon Musk’s “antagonism,” according to research and…